I am a CT based investor, flipper and property management company owner.  

Budget Bytes is another solid blog with affordable, healthy meal ideas.By the way, I saw that you're in rental property investing.

If I got a home equity loan for Property 1 and used the proceeds as downpayment for Property 2 and then got a 2nd loan for the remaining 75% purchase price for Property 2, when I sell Property 2, can I use the Property 1 loan as part of the cost basis for computing Property 2 capital gains?

If you’re using a car for business, log your mileage or depreciate the car; whichever method is favorable to you.

Spending a ton on property management doesn't seem like the best move.

Quote from @Kelly Giarrocco: I bought a vacant property on Sherriff sale last year on the ********** site.1.

I'm also in Nashville and getting started in property mgmt.

Finding deals outside of California can definitely open up new opportunities, especially given the cost of living and market dynamics in the state.When looking for properties in other states, consider focusing on areas with strong rental demand, economic growth, and population increase.

My question is can I form an LLC to purchase the property or must it be through my personal name?

Unfortunately, it cannot be used for a 2-4 family property, only single family properties.